Business Deposit Officer

Nutmeg State Financial Credit Union • Rocky Hill, CT

8d • Hybrid

About The Position

The primary purpose of this position is to drive business deposit and treasury-management growth by developing new relationships, expanding existing relationships, and positioning the credit union as the primary operating financial institution for business members.

Requirements

• Bachelor’s degree in Business, Finance, Accounting, Marketing or related field required.
• Requires a minimum of five years of experience in business banking, treasury management sales, commercial banking, business development, or consultative financial services sales
• Demonstrated success developing new business relationships, generating deposits, and achieving sales or production goals
• Strong understanding of business deposit products, cash management services, and business financial operations
• Proven ability to build referral networks and cultivate relationships with business owners, professional service providers, community organizations, and centers of influence
• Valid driver's license and ability to travel throughout Nutmeg’s market area to support business development activities.
• Knowledge of business deposit products, cash management services, and treasury management solutions.
• Ability to analyze business operating needs, recommend appropriate solutions, and build long-term relationships that increase retention, balances, and service utilization.

Responsibilities

• Prospect and develop new business relationships
• Grow checking, savings, money market, and term deposits
• Build and manage an active sales pipeline
• Achieve assigned deposit and relationship growth goals
• Maintain prospect and relationship activity
• Track pipeline, calling activity, balances, and production
• Conduct structured relationship reviews
• Ensure sales activities meet documentation and compliance expectations
• Identify business cash-management needs
• Recommend ACH, RDS, wires, Positive Pay, and merchant solutions
• Expand treasury-service adoption
• Partner with operations on solution implementation
• Deepen existing business member relationships
• Identify lending and additional product opportunities
• Coordinate referrals with Business Banking and Retail colleagues
• Increase products, balances, and relationship retention
• Develop referral networks
• Participate in chambers, community organizations, and business events
• Support employer, nonprofit, municipal, and strategic partnerships
• Build market visibility and prospect pipelines

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level